China Becomes Major Importer of Argentine Soy Products

China became the main export destination of Argentine soy products in 2010,Argentina's National Institute of Statistics and Census(INDEC)said receatly.

China was the major market of soy beans last year,taking 83 percent of the soy exports valued at about 4.168 billion U.S.dollars,INDEC said.

Oil was also exported mainly to China in 2010,followed by India and Egypt,INDEC added.

Last year,Argentina's 27 sectors accounted for 80.1 percent of the country's total exports,with the largest export sectors being soy products,oil and gas,corn products and gold.

Soy beans topped the list of exports,earning 17.317 billion dollars,up 33.3 percent over 2009.